The term being referred in the item above is called as "Accounts Payable". By the words being used in the term itself, it may be easily determined that this is a liability being owed to the supplier and should be payed in any terms, such as notes, check, or cash.
To better meet corporate goals this year, Donna, a CEO, is encouraging her managers to focus on the major functions of management, which include <u>"Planning, organizing, leading, controlling".</u>
Management includes significantly more than simply instructing others. Before any of you conclude that you want to do your supervisor's activity, how about we investigate a greater amount of what a director does.
The real capacities that a manager finishes can be classified into four unique capacities known as "Planning, organizing, leading, controlling." For a few of us, we just observe the last two - driving and controlling - yet you should realize that for each administrative conduct you do see, there is an equivalent sum that you don't. Behind the manager's shut entryway, he or she spends a decent arrangement of his or her opportunity arranging and sorting out, with the goal that he or she can successfully do the elements of leading and controlling.
Answer: $360,050
Explanation:
The total cost of a fixed asset refers to all the cash that was paid to acquire the asset, transport it and then install it.
Cost of the new machinery is therefore = Discounted cost price + Sales tax + Installation charges + Concrete slab
= (270,000 * (1 - 2%)) + 79,750 + 4,800 + 10,900
= 264,600 + 79,750 + 4,800 + 10,900
= $360,050
<em>Cost price was discounted by 2% as per the credit terms of 2/10 which means that there is a discount of 2% if the asset is paid for in 10 days. </em>
Answer: internet advertising
Explanation:
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.